HENDERSON Mutual Fund Alpha and Beta Analysis

HDCVX
 Fund
  

USD 13.19  0.02  0.15%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as HENDERSON DIVIDEND INCOME. It also helps investors analyze the systematic and unsystematic risks associated with investing in HENDERSON DIVIDEND over a specified time horizon. Remember, high HENDERSON DIVIDEND's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check HENDERSON DIVIDEND Backtesting, Portfolio Optimization, HENDERSON DIVIDEND Correlation, HENDERSON DIVIDEND Hype Analysis, HENDERSON DIVIDEND Volatility, HENDERSON DIVIDEND History and analyze HENDERSON DIVIDEND Performance.
  
Please note that although HENDERSON DIVIDEND alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, HENDERSON DIVIDEND did 0.07  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of HENDERSON DIVIDEND INCOME fund's relative risk over its benchmark. HENDERSON DIVIDEND INCOME has a beta of 0.89  . Let's try to break down what HENDERSON's beta means in this case. HENDERSON DIVIDEND returns are very sensitive to returns on the market. As the market goes up or down, HENDERSON DIVIDEND is expected to follow.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

HENDERSON DIVIDEND Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. HENDERSON DIVIDEND market risk premium is the additional return an investor will receive from holding HENDERSON DIVIDEND long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in HENDERSON DIVIDEND. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate HENDERSON DIVIDEND's performance over market.
α0.07   β0.89
90 days against NYA

HENDERSON DIVIDEND expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of HENDERSON DIVIDEND's Buy-and-hold return. Our buy-and-hold chart shows how HENDERSON DIVIDEND performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

HENDERSON DIVIDEND Market Price Analysis

Market price analysis indicators help investors to evaluate how HENDERSON DIVIDEND mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HENDERSON DIVIDEND shares will generate the highest return on investment. By understating and applying HENDERSON DIVIDEND mutual fund market price indicators, traders can identify HENDERSON DIVIDEND position entry and exit signals to maximize returns.

HENDERSON DIVIDEND Return and Market Media

The median price of HENDERSON DIVIDEND for the period between Mon, Sep 5, 2022 and Sun, Dec 4, 2022 is 11.71 with a coefficient of variation of 5.47. The daily time series for the period is distributed with a sample standard deviation of 0.64, arithmetic mean of 11.79, and mean deviation of 0.52. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About HENDERSON DIVIDEND Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including HENDERSON or other funds. Alpha measures the amount that position in HENDERSON DIVIDEND INCOME has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HENDERSON DIVIDEND in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HENDERSON DIVIDEND's short interest history, or implied volatility extrapolated from HENDERSON DIVIDEND options trading.

Build Portfolio with HENDERSON DIVIDEND

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check HENDERSON DIVIDEND Backtesting, Portfolio Optimization, HENDERSON DIVIDEND Correlation, HENDERSON DIVIDEND Hype Analysis, HENDERSON DIVIDEND Volatility, HENDERSON DIVIDEND History and analyze HENDERSON DIVIDEND Performance. You can also try Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running HENDERSON DIVIDEND INCOME price analysis, check to measure HENDERSON DIVIDEND's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HENDERSON DIVIDEND is operating at the current time. Most of HENDERSON DIVIDEND's value examination focuses on studying past and present price action to predict the probability of HENDERSON DIVIDEND's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HENDERSON DIVIDEND's price. Additionally, you may evaluate how the addition of HENDERSON DIVIDEND to your portfolios can decrease your overall portfolio volatility.
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HENDERSON DIVIDEND technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of HENDERSON DIVIDEND technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HENDERSON DIVIDEND trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...